Japan’s Nikkei Index, Reflecting Global Rout Over American Recession Fears, Sees Worst Day in Decades
Financial markets are convulsed by America’s hiring slowdown, but a service sector report due out today could help investors determine whether the sell-offs are an overreaction.
BANGKOK — Japan’s benchmark stock index plunged 12.4 percent on Monday, compounding a global market rout set off by investor concerns that the American economy could be headed for recession.
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